Tesla sells 75% of its Bitcoin holdings as Covid shutdowns, production issues impact profits
The company hasn't sold any of its Dogecoin, though
Financials articles
Video game sales forecast to fall in 2022 following record spending during the pandemic
What goes up must come down
Nvidia slows hiring after warning over weaker gaming sales
Nvidia just had a good quarter, but the current one looks shaky
Sony predicts it will make $300 million from PC gaming this year
And around 30% of its releases will be on the platform by 2025
Embracer Group plans big push for long-neglected franchises Legacy of Kain, Thief, DeusEx, and more
A Thief 2014 do-over perhaps?
Disney+ added nearly 8 million new subscribers as Netflix scrambles
Disney missed on earnings expectations but there's no reason for concern
Chip shortage hit PS5 sales last quarter, but people bought more PlayStation games
Sony is optimistic about the next quarter
Apple reports almost $100 billion in revenue so far this year, beating expectations
Apple's tablet business took a step sideways
Twitter claims it boosted active-user counts in "error" between 2019 and 2021
Is this a deal breaker for the Musk acquisition?
Facebook user numbers bounced back last quarter, but metaverse business lost another $2.9 billion
Zuckerberg says the metaverse will be very exciting - in 2030
Activision Blizzard lost 63 million monthly active users over the last year
Weak demand for Call of Duty
Mastercard and Nexo release "crypto-backed" credit card
You borrow against your own crypto assets
Global IT spending expected to surpass $4.4 trillion in 2022
Services and software are ripe for growth
TSMC had a record month in February and is on track for a record year
The world's largest chip foundry is on a roll
Amazon announces 20-for-1 stock split and $10 billion share buyback program
Amazon wants to make its stock accessible to more investors
Global smartphone revenue hit a record high in 2021 despite supply chain challenges
The average selling price of smartphones increased 12 percent last year
AMD and Xilinx will pair up on Valentine's Day
It will be AMD's largest acquisition
Disney finished 2021 with nearly 130 million Disney+ subscribers
Disney smashed Wall Street revenue expectations
Microtransactions made up 61% of Activision Blizzard's 2021 income
It was a record-breaking year despite the scandals and poor game sales
Verizon: buy your phone outright or spread it over 36 months
Verizon eliminates shorter-term payment plans
Sony reveals one-third of the $3.6 billion Bungie deal is for talent retention
Employees will receive $400 million in bonuses for two years after the merger closes just for staying
Meta shares plunge 20% after Facebook user numbers fall for the first time ever
And its Reality Labs division lost $10 billion
Alphabet announces 20-for-1 stock split to boost investor accessibility
The split will make full shares accessible to more buyers
Apple revenue hit a record $123.9 billion in Q4, beating expectations and the chip shortage
Revenue was up 11% compared to a year earlier